Three-Home Residential Income
For Sale
$250,000
1033/1035 Vieux Jacquet Road, Broussard, LA 70518
MULTI_FAMILY - Broussard, LA
Property Size2,734 SF
Price / SF$91.44
Days on Market59
Property Features for 1033/1035 Vieux Jacquet Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking
4
Parking features
Covered
Patio and Porch features
Deck, Porch
Interior features
Electric Stove Connection
Exterior features
Deck, Porch
Appliances
Dryer, Refrigerator, Washer, Electric Range
Elementary school
St. Martin
Middle school
St. Martin Middle
High school
St Martinville
Elementary school district
St Martin Parish
Middle school district
St Martin Parish
High school district
St Martin Parish
Directions
Hwy 182 W from New Iberia. Left onto Duchamp Rd, take curve onto Vieux Jacquet property on the right.
Subdivision
M2
Standard status
Active
APN
18202a2561
Size
2,734 SF
Taxes and HOA fees
Tax Description
to be determined
Legal Description
to be determined
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Number of units
3
Flooring type
Wood, Vinyl
Building materials
Wood Siding
Additional Structures
Storage
Listing Agency:
Caffery Real Estate, Inc.
(337) 367-7708
Listed By:
Katie I LaBauve · License #29166
(337) 519-5290
Added: Jun 2
Changed: Jun 16
Last Checked: Jul 30 at 5:06PM
MLS# 2600004865
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property consists of three homes on a single parcel. The rear two homes are both currently rented and are described as very well maintained, with vinyl siding and a shared storage building. The front home with road frontage at 1033 is presented as an older cypress house and offers 3 bedrooms and 2 baths, along with a screened front porch and a shady yard.
The property is located in Broussard, near Highway 90 and Highway 182, with easy access to Broussard, Youngsville, Lafayette, and New Iberia. With road frontage for the main home, the layout separates the street-facing residence from the two rear units while keeping all three under one ownership.
For buyers and operators seeking a small multifamily setup, this configuration can be appealing because it combines a larger front home with two smaller, 2-bedroom units in a contained site. The current leasing status is an added consideration, with stated rents of $1,000 for 1033, $800 for 1035A, and $750 for 1035B. If you’re evaluating residential income holdings in the Broussard area, this three-home package offers a straightforward way to own multiple homes on one parcel with a mix of bedroom counts and maintenance features.
The property is located in Broussard, near Highway 90 and Highway 182, with easy access to Broussard, Youngsville, Lafayette, and New Iberia. With road frontage for the main home, the layout separates the street-facing residence from the two rear units while keeping all three under one ownership.
For buyers and operators seeking a small multifamily setup, this configuration can be appealing because it combines a larger front home with two smaller, 2-bedroom units in a contained site. The current leasing status is an added consideration, with stated rents of $1,000 for 1033, $800 for 1035A, and $750 for 1035B. If you’re evaluating residential income holdings in the Broussard area, this three-home package offers a straightforward way to own multiple homes on one parcel with a mix of bedroom counts and maintenance features.
Key Highlights
- Three homes on one parcel: road‑front home at 1033 plus two rear rental homes at 1035A and 1035B
- Current rents: 1033 $1,000; 1035A $800; 1035B $750
- 1033 features 3 bedrooms, 2 baths, and a screened front porch
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $12.12 |
| − Vacancy | −$3.5k | −$1.29 |
| EGI | $29.6k | $10.83 |
| − OpEx | −$8.9k | −$3.25 |
| NOI | $20.7k | $7.58 |
2,734 SF · lease $12.12/SF/yr · vacancy 10.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$296.1K
$259.1K – $345.5K
NOI $20,727 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$256.4K
$224.3K – $299.1K
NOI $17,946 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$646.4K
$565.6K – $754.2K
NOI $45,249 @ 7.0% cap · market cap 18.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 70518, LA
16,683
Population
6,724
Households
2.5
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
41.7 sq mi
ZIP Area
400
Density / Sq Mi
$103,574
Median Household Income
$51,210
Median Earnings
$997
Median Rent
$287,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three homes on one parcel with existing rental income, including a road-front cypress home and two rear vinyl-sided units.
Where is this triplex located?
The property is located at 1033/1035 Vieux Jacquet Road Broussard, LA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three homes on one parcel: road‑front home at 1033 plus two rear rental homes at 1035A and 1035B; Current rents: 1033 $1,000; 1035A $800; 1035B $750; 1033 features 3 bedrooms, 2 baths, and a screened front porch
